As there are only few days left before the Lunar New Year (Tet) holidays, purchasing power is rising sharply and retailers are ready to serve. Fruits for sale at a supermarket. (Photo: VNA) Despite some previous forecasts of modest consumption growth ahead of the biggest traditional festival due to economic difficulties, purchasing power recorded at retail networks, traditional markets,...

In 2023, for the second consecutive year, Vietnam surpassed China to become the largest importer of agricultural products from Argentina in terms of volume, according to Argentine media. A screenshot of the Infobae newspaper (Photo: VNA) The Infobae and Acercando Naciones newspapers cited the Rosario Grains Exchange (BCR) - the most important grain exchange floor of the country,...

A surge in consumer demand, particularly after the Kitchen God's Day, has been recorded through Hanoi, with a notable uptick ranging from 20-30%, reported a working delegation of the Ministry of Industry and Trade and the municipal People’s Committee following their inspection on February 5. The working delegation inspects goods at a supermarket. (Photo: VNA) Supermarkets and businesses,...

The northern province of Lang Son, home to seven border gates with robust trade activities, has rolled out various measures to ensure smooth flows for goods during the Lunar New Year (Tet) Festival. Trucks are seen at Huu Nghi International Border Gate. (Photo: VNA) In the run-up to the New Year, the flows of goods, people and vehicles...

National flag carrier Vietnam Airlines is considering increasing the flight frequencies, and expanding routes to Germany, one of its key markets in 2023. Vietnam Airlines’ agencies with the highest number of tickets sold in 2023 are honour at the ceremony. (Photo: VNA) According to acting head of Marketing and Product Sales at Vietnam Airlines Pham Thi Nguyet, its...

Despite the uncertain future of the real estate market, several prominent companies in the industry have recently announced significant profits. This has sparked optimism among investors and experts, suggesting that the market may be on track for a gradual recovery and a fresh phase of growth. Novaland Investment Group Corporation (NVL) has announced its financial statement for the fourth...

As the traditional Lunar New Year (Tet) festival is just around the corner, commercial banks are offering a wide range of promotional programmes and financial solutions to encourage cashless payment during the peak shopping season. Cashless payment services are convenient and cost- and time-saving for both sellers and buyers. (Illustrative photo: VietnamPlus) When transferring money, conducting QR code or...

Vietnam remained the Republic of Korea (RoK)’s third-largest trade partner for the second straight year in 2023, data showed. VThe RoK’s trade with Vietnam comes to 79.43 billion USD last year. (Photo: VNA) The RoK’s trade with Vietnam came to 79.43 billion USD last year, with exports shrinking 12.3% to 53.49 billion USD, according to the Korea International...

It is critical to create an enabling environment to promote the development of financial leasing in Vietnam as a channel to supply capital to the economy, according to General Secretary of the Vietnam Financial Leasing Association (VILEA) Pham Xuan Hoe. Financial leasing began to appear in Vietnam in 1998 and has since become diverse in terms of leasing...

The Ministry of Agriculture and Rural Development (MARD) has set a target to produce some 500,000 tonnes of seaweed by 2030 as part of the nation’s seafood development strategy. The underwater seaweed forest in Quang Ngai province. (Photo: VNA) With a view to spurring seaweed cultivation, the ministry will submit a proposal to the Prime Minister to develop...